Posted by Mihran Naltchayan. On January 16, 2012 around 1:30am, there was a burglary at a jewelry store named “Taline’s Jewelry” in Edgewater, NJ. Burglary is the breaking and entering into a building with the intent to commit a felony therein. The jewelry store was arranged with a front display space, and the store next door …
Author Archives: blogbusinesslaw
Libyan Wealth Fund Seeks Damages in International Court
Posted by Gerald Wrona. Interesting. That is one word to describe the NY Times report on the pre-trial proceedings of the Libyan Investment Authority’s (LIA) suit against Goldman Sachs (Anderson). Acting as broker-dealer to the sovereign wealth fund, Goldman established a relationship with the fund’s managers in 2007. A year later, Secretary of State Condoleezza Rice …
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Aeropostale Files Chapter 11
The teen clothing chain, Aeropostale, filed for Chapter 11 protection, claiming online and fast-fashion retailers are the cause. The company expects to emerge within six months as a leaner company. It will close 113 stores in the U.S. and all 41 stores located in Canada. “Online retailers and fast-fashion retailers such as H&M, Forever 21 and …
Lifestyle Control
Research proposal posted by Jessica Thomulka. Part One Healthcare costs are skyrocketing in the United States. Even prior to the passing of President Obama’s Affordable Care Act, the burden on American corporations to provide healthcare to their employees was placing stress on businesses. Lifestyle control is the term given to an employer’s influence on an employee’s actions …
Arrest Warrants vs. Search Warrants
Criminal law is certainly an important part of the study of business law, and Fourth Amendment questions always seem to come up in class. Students are very interested in learning about when the police can search a person’s car, office or home, or when and where can they arrest someone. Generally, police need a warrant …
California Woman Pleads Guilty Over Michaels Retailer Cards Theft
Posted by Daphine Llosa. The current legal issue relates to conspiracy and breach. A conspiracy is an agreement by two or more parties to commit a crime to do something unlawful or harmful. A breach is an act of breaking or failing to observe a law or agreement. On Tuesday, November 17, 2015, Crystal Banuelos …
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Forced Arbitration
Posted by Da’Naysia Aarons. In an article called “Forced Arbitration,” Gordon Gibb, describes how citizens in the United States are taken advantage of by popular rich companies, such as, Time Warner Cable, T-Mobile, Wells Fargo and several others. Many consumers who buy products from these companies do not realize that they are facing forced arbitration. Companies …
Second Circuit Upholds Brady Suspension
The Second Circuit upheld Tom Brady’s suspension for the first four games of the new season and overturned the district court’s ruling. The court ruled the arbitrator’s award was valid and should not be disturbed. Judge Parker, writing for the majority, stated, “Our role is not to determine for ourselves whether Brady participated in a …
Acceptance of Gifts by Public Officials
In class, students learn about bribery of public officials and its criminal penalties. Bribery can also be an ethics violation. Generally, public officials are prohibited from accepting gifts in relation to their official duties. Both federal and state governments have fashioned rules regarding acceptance of gifts and these rules can extend to family members. In Section …
Reverse Mergers
Posted by Kevin Pereira. This past Thursday, the F.B.I. arrested Benjamin Wey at his home located in Manhattan. He was charged for “securities fraud, wire fraud, conspiracy and money laundering in an eight-count indictment unsealed in a federal court in Manhattan.” In addition, Mr. Wey had already been arrested for sexual harassment a couple months prior …